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Intel faces new pressure after Trump calls for CEO Lip-Bu Tan’s resignation over China links, months after Oregon job cuts.
US president Trump demanded Intel's new CEO Lip-Bu Tan step down following questions of Chinese investment. American ...
The company defended its leadership and U.S. investments after Trump demanded CEO Lip-Bu Tan resign over ties to China.
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
We recently published These 10 Stocks Have Collapsed. Intel Corporation (NASDAQ:INTC) is one of the worst-performing stocks ...
Discover 5 engineering jobs unaffected by AI despite layoffs at TCS, Intel, Microsoft, and Meta. Learn why cybersecurity, ...
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are reported to have hit Intel sites across California, Oregon, Texas and Arizona ...
TCS, Microsoft, Intel, Google, Amazon, and Meta have all slashed jobs, impacting tens of thousands. But this time, it's not just the market, it’s automation, AI, and a new way of working.
In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the end of the year, down from 99,500 at the end of last year.